Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Computation of cash collection from notes.
On september1, Riva Co assigns specific receivables totaling $750,000 to pacific Bank as collateral on a $625,000, 12 percent note. Riva Co will continue to collect the assigned accounts receivable. Pacific also assessed a 2 percent service charge on the total accounts receivable assigned. Riva Co is to make monthly payments to pacific with cash collected on assigned accounts receivable. Collections of assigned accounts during September totaled $260,000 less cash discounts of $3,500. What amount is owed to pacific by Riva Co. for September collections plus accrued interest on the note to September 30?
Create normal costing journal entries for each of the subsequent events. You will also need the subsequent information: Overhead was evaluated at $50,000 for the year and direct labor hours
Land, Buildings, and Machinery - Prepare a schedule showing the amounts to be recorded as Land, Buildings, and Machinery.
Prepare a pro forma balance sheet dated December 31, 2008 and show the financing changes suggested by the statement prepared in part A
Multiple Choice Questions-Amortization and valuation of intangibles - How should research and development costs be accounted for, according to a Financial Accounting Standards Board Statement?
Determine the amount of gross profit to be recognized in each of the three years. Prepare all required journal entries for each of the years (credit "Various accounts" for construction costs incurred). Purpose a partial balance sheet for 2009 a..
Calculation of wages paid to employees - Compute the following Indicate the best answer to each question in the space provided.
Find the book value and market value of the firm and If there are 2 million shares of stock in the new corporation, what would be the price per share and the book value per share?
A corporate taxpayer has an income tax expenditure recorded on its preliminary financial statements if $13,000,000. How could the $1,000,000 be reflected in the financial accounting income statement?
Determine the debt ratio based on the information below. Be sure to label your answer clearly and show all work.
What is the current market value of this corporation's common stock What are the par values of the corporation's preferred stock and its common stock.
Fair price estimation given annual index values applicable over the years to the item concerned - which the price paid was considered fair and reasonable.
Make the necessary adjusting journal entries at December 31, 2007, and December 31, 2008 to record depreciation for each year using straight-line depreciation method.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd